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Business
Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit
Purdue Pharma Files New $7.4B Bankruptcy Plan: How Opioid Victims, Families Could Benefit Purdue Pharma has filed a new bankruptcy plan that will distribute more than $7.4 billion to compensate opioid epidemic victims and fund addiction treatment programs. The Stamford, Connecticut-based company submitted the plan to the US Bankruptcy Court for the Southern District of New York, Purdue said in a news release on Wednesday, Mar. 19. The reorganization increases the Sackler family's payout by $1 billion from a previous deal. The plan will dissolve Purdue and transfer its assets to a new public benefit company focused on opioid crisis abatement. The Sacklers, who have…

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by Chris Spiker
News
Stroke Victim Awarded $10.8M After NJ State Trooper Alleged DUI On Route 78 Stroke Victim Awarded $10.8M After NJ State Trooper Alleged DUI On Route 78
Stroke Victim Awarded $10.8M After NJ State Trooper Alleged DUI On Route 78 A New Jersey woman who sued the State Police after they allegedly mistook her stroke for drug use, handcuffed her, and delayed lifesaving care has been awarded $10.8 million, a court order shows. A jury initially awarded Cheryl Rhines, of Jersey City, a total of $19.1 million in damages on Jan. 29, after finding that NJ State Trooper Jennifer M. Albuja was 60% responsible for Rhines’ injuries, according to a ruling from Essex County Superior Court Judge Thomas Vena. However, following a motion from attorneys representing the State of New Jersey, NJ State Police, and Trooper Albuja, the cour…

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by Sam Barron & Cecilia Levine
Sports
NWSL To Pay $5M After Players Suffer Sexual, Racist, Emotional Abuse From Coaches NWSL To Pay $5M After Players Suffer Sexual, Racist, Emotional Abuse From Coaches
NWSL To Pay $5M After Players Suffer Sexual, Racist, Emotional Abuse From Coaches The National Women's Soccer League will pay $5 million to compensate players who endured years of abuse and harassment. The landmark NWSL settlement was announced by the attorneys general of New York, Illinois, and Washington, DC, on Wednesday, Feb. 5. The agreement follows investigations into claims of widespread misconduct, including emotional abuse, sexual coercion, and systemic failures that left players unprotected. The NWSL will create a $5 million fund to pay players who experienced abuse. "For too long, the hardworking and talented women of the National Women's …

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by Chris Spiker
Sports
Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments
Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said. McMahon, WWE's former executive chairman and CEO, reached the agreement related to charges from the Securities and Exchange Commission, the federal agency said in a news release on Friday, Jan. 10. The SEC said McMahon concealed the "hush money" payments, creating discrepancies in WWE's financial reports. McMahon agreed to pay a $400,000 civil penalty and reimburse $1,330…

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by Chris Spiker
Business
Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture
Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture Three giant media companies have abandoned their plans to launch Venu Sports, a service that aimed to drastically shake up the streaming industry by bundling many sports channels together, officials said. Venu Sports has officially been discontinued, ESPN said in a news release on Friday, Jan. 10. The massive venture was a partnership between the "Worldwide Leader in Sports," FOX, and Warner Bros. Discovery. The companies released a brief statement announcing the end of Venu Sports. "After careful consideration, we have collectively agreed to discontinue the Venu Sports joint ven…

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by Chris Spiker
Business
Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement
Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement Apple will pay a $95 million settlement regarding allegations that its virtual assistant, Siri, eavesdropped on users without their consent, according to multiple reports. The settlement, filed in federal court in Oakland, California this week, addresses a lawsuit that dates back five years and must be approved by a US District judge at a hearing on Friday, Feb. 14, Bloomberg Law reports. The lawsuit claims that Siri was activated to record conversations even when users did not use the launching phrase, “Hey, Siri.” These recordings were allegedly shared with third parties s to target user…

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by Joe Lombardi
Schools
Camden Schools Superintendent Calls On Board President To Quit In Wake Of Sexual Abuse Lawsuit Camden Schools Superintendent Calls On Board President To Quit In Wake Of Sexual Abuse Lawsuit
Camden Schools Superintendent Calls On Board President To Quit In Wake Of Sexual Abuse Lawsuit The state-appointed superintendent for the Camden City School District is calling for the resignation of the advisory school board president amid sexual abuse allegations. Camden Superintendent Katrina T. McCombs, in a letter to the community, wrote: "In order to allow our community to heal and refocus on what truly matters—the education and future of our students— it would be in the best interest of the state-operated district of Camden City for Advisory Board President Wasim Muhammad to voluntarily relinquish his seat." "We are at the beginning of a new school year—a time that s…

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by Jon Craig
News
Walmart Agrees To Whopping $1.64M Settlement Amid Unfair Pricing Accusations At NJ Stores Walmart Agrees To Whopping $1.64M Settlement Amid Unfair Pricing Accusations At NJ Stores
Walmart Agrees To Whopping $1.64M Settlement Amid Unfair Pricing Accusations At NJ Stores Walmart has agreed to pay $1.64 million to settle accusations of unlawful pricing at its 64 stores across New Jersey, state officials said. The settlement, which includes a $1.61 million civil penalty, is the largest ever obtained by the Division’s Office of Weights and Measures (“OWM”). Walmart was accused of violating New Jersey’s Consumer Fraud Act (“CFA”) and Unit Pricing Disclosure Act (“UPDA”) by using inaccurate unit pricing for a variety of grocery products sold in the chain’s New Jersey locations, Attorney General Matthew J. Platkin said. The UPDA requires grocery retailers t…

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by Cecilia Levine